Asian Insight Provider - Actionable ideas, CrossASEAN Research

Henry Soediarko

A Long & Short Investment Ideas generator for Asian Equities with 10 years experience in a Hedge fund focused on bottom-up ideas, searching out mispriced ideas and misunderstood investment thesis. Provides on-the-ground insights in various Asian markets with a sway towards ASEAN. Experienced and survived the Asian Financial Crisis in a family business, as well as the Global Financial Crisis in financial markets where lessons learned. It's all about understanding business drivers and navigating business cycles, which has high applicability in generating investment ideas. 

Investment horizon: Mid to Long term

Asian Insight Provider - Actionable ideas

FTSE GEIS March 2023 Index Rebalance Preview: Japan

TOPIX Inclusions: Who Is Ready (June 2026)

Primer: Mcdonald's Japan (2702 JP) - Apr 2026

Quiddity T50/100/TDIV Jun26 Results: All Changes Correctly Predicted; Massive Flows Confirmed

Quiddity ASX Jun26 Results: 12/14 Correctly Predicted; Others Were Next In Line

CrossASEAN Research

At CrossASEAN Research we strive to produce unbiased and differentiated on the ground insights on companies across South East Asia. Our Research is produced for the most part after face to face meetings and conversations with company management to dig deep into the long term vision and strategy of the companies we cover. We seek to deliver investable and actionable themes on sectors and markets across SE Asia, often in collaboration with other Insight Providers across the region, pooling the vast experience of the analysts within the Smartkarma Ecosystem. We also offer bespoke work and tailor made trips for our clients. 

Insights across South East Asia

Equity Bottom-Up

<ul>
<li>
<a href="https://www.smartkarma.com/entities/mcdonald-s-holdings-co-japan" target="_blank" data-smartkarma-citation="entities:985:1" rel="noopener">Mcdonald's Japan (2702 JP)</a> is Japan's defensive, high-quality QSR name in Japan with a defensible moat. </li>
<li>Minimal impact from volatility in tourist arrivals, as most of the outlets are in the suburban areas; therefore, it is truly a domestic consumption story. </li>
<li>McDonald Japan's operating profit margin is double that of Zensho and Skylark (<strong>which comes from operational discipline and price hike</strong>), while its PER is still lower, which is the opportunity </li>
</ul>



Mcdonald's Japan (2702 JP) is Japan's defensive, high-quality QSR name in Japan with a defensible moat. 
Minimal impact from volatility in tourist arrivals, as most of the outlets are in the suburban areas; therefore, it is truly a domestic consumption story. 
McDonald Japan's operating profit margin is double that of Zensho and Skylark (which comes from operational discipline and price hike), while its PER is still lower, which is the opportunity 


McDonald Japan (2702): Higher Margin but Cheaper than Peers